International buyers are pulling back from the U.S. housing market
International buyers of U.S. residential real estate are running into the same hurdles as domestic buyers — namely high prices and tight supply — but they’re also up against a strong U.S. dollar, which makes the properties even more expensive for them. As a result, international buyers are pulling out. They purchased 54,300 existing homes […]
Darden Restaurants to acquire Chuy’s for approximately $605 million
Igor Golovniov | Getty Images Darden Restaurants will acquire Chuy’s Holdings for approximately $605 million in cash, the companies announced jointly on Wednesday. Darden agreed to acquire all outstanding shares of Chuy’s at $37.50 per share, according to a press release. The Tex-Mex restaurant chain joins Darden’s portfolio that includes restaurants such as Olive Garden, […]
J.D. Vance’s ‘Hillbilly Elegy’ is No. 1 on Amazon and surging on Netflix
The book by Donald Trump’s VP pick, a best-seller after its initial release in 2016 and the basis for a 2020 Netflix movie, is seeing new life
United (UAL) earnings Q2 2024
United Airlines planes at Denver International Airport. Leslie Josephs | CNBC United Airlines‘ second-quarter profit rose more than 20% from last year as strong demand for international travel boosted the carrier’s results, but its third-quarter forecast came in shy of estimates as an oversupply of flights weighs on fares. United said Wednesday that it expects […]
Beyond Meat shares fall following report of restructuring talks with bondholders
Shares of Beyond Meat fell in post-market trading after The Wall Street Journal reported the company was engaged in talks with a group of bondholders about restructuring the company’s balance sheet.
Bay, Iger to take controlling stake at $250 million value
Bob Iger, chief executive officer of The Walt Disney Co., and his wife attend Willow Bay the Allen & Company Sun Valley Conference on July 11, 2024 in Sun Valley, Idaho. Kevork Djansezian | Getty Images Willow Bay and Bob Iger will take a controlling stake in Angel City Football Club, the world’s most valuable […]
Industrial production surges again amid high demand for air-conditioning during heat wave
Industrial production rose in June for the second month in row, driven by rising car sales and high demand for air-conditioning during a summer that has seen especially hot weather.
GM to up production of high-output V8 SUV
2025 Cadillac Escalade V-Series SUV Cadillac DETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for the 2025 model year. The new SUV features a standard 55-inch diagonal display across the dash, including a passenger-only screen; an “executive package” for the second […]
Nearly half of U.S. adults struggle to afford healthcare, research shows
Nearly half of U.S. adults are struggling to cover the cost of prescription drugs and doctor visits, new research shows, marking a new low for healthcare affordability.
No, waiting to claim Social Security is not a ‘big con’ — even if a TikTok finfluencer says it is
Yes, sometimes it makes sense to claim at 62 — but there’s a catch.
